Food and beverage brands have represented one of the most active sectors in licensing for quite some time, and the trend shows no sign of waning. As one illustration, in the 15 weeks since January 1, 2024, more than a half dozen food and beverage brands have retained new licensing agents to expand their outbound […]
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Latin Flavor
Last week MegaMex Foods, a joint venture between Herdez del Fuerte of Mexico and Hormel of the U.S., licensed its Herdez brand to Utz Quality Foods. Utz—which has distributed MegaMex Foods including Chi-Chi’s tortilla chips and Chi-Chi’s and Herdez salsas and dips since 2018—will now produce and market Herdez-branded white, yellow, and blue tortilla chips […]